
Germany’s economy contracted 0.7% on quarter during the last three months of 2021, compared to analysts’ views of a 0.3% drop, sending the German DAX index lower by more than 2% on Friday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.